The legendary football player Tom Brady once again showed his support for the digital asset sector. He stated that he would love to have some of his earnings in Bitcoin, Ethereum (ETH), and Solana tokens.
‘ The Digital Age is upon Us ‘
Tom Brady, the seven-time Super Bowl champ and undoubtedly one of the most outstanding football players, is a strong proponent of crypto. During a recent interview with Jim Gray on the Let’s Go Sirius XM podcast, he revealed that he wants to get part of his NFL salary in digital assets instead of fiat currencies.
Apart from the two leading cryptocurrencies by market capitalization – Bitcoin and Ethereum – Brady also showed interest in one of the best performing blockchain projects this year – Solana:
“I’d love to get paid in some Bitcoin or Ethereum or Solana tokens. I think it’s an amazing thing that’s happening in the world with the way the world is becoming more digital.”
The quarterback praised the underlying technology behind digital assets as the future as it allows fast and transparent transactions. He predicted that athletes would soon be able to request cryptocurrency payments:
The digital age is here. We won’t be going back, I think. The technology and information are helping us track things better. And I definitely see a world where players are going to be paid in cryptocurrencies in the future.”
In fact, the professional football player Saquon Barkley already said he would receive all his future endorsement money in bitcoin. The 24-year-old running back of the New York Giants highlighted the primary cryptocurrency as the right choice for a store of value, especially when inflation starts to shake the economy.
Tom Brady’s Previous Crypto Endeavors
This is not the first time that the American football player has been involved in the cryptocurrency space.
In April, Brady jumped into the non-fungible token craze by releasing his own NFT platform called Autograph. He launched the initiative to bring together prominent names from different industries such as sports, fashion and entertainment who would create their own unique digital artworks. The platform has already been used by Naomi Osaka, Tony Hawk, Tiger Woods and Tony Hawk.
Shortly after, the quarterback doubled down on his cryptocurrency endeavors. He and Gisele Bundchen, his wife, took an equity share in FTX, a digital asset trading platform. The exchange would pay them a commission and they would also serve as ambassadors.
Featured Image Courtesy of Al Jazeera
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Ethereum Layer 2 Arbitrum One Surpasses 1 Billion Transactions
Arbitrum One, the Ethereum Layer 2 optimistic rollup, has surpassed 1 billion transactions this week. This feat was accomplished by Arbitrum One within three years of its mainnet launch in August 2021.
As of October 1st, Arbiscan recorded a total of 1.003 billion transactions.
In comparison, Coinbase’s Layer 2 network, Base, has logged 755 million transactions so far, while OP Mainnet trails with 347 million.
Notably, Arbitrum One also leads in total value locked (TVL) among Layer 2 solutions, currently sitting at $14.3 billion, with Base at $7.32 billion and OP Mainnet at $6.57 billion, according to the data compiled by L2Beat.
Earlier last month, stablecoin issuer Paxos announced its plans to launch its products on Arbitrum One. The main objective behind the partnership is to further institutional integration onto the Arbitrum network and bring real-world assets on-chain.
Via Arbitrum, the company intends will tap into Ethereum’s deep liquidity at higher speeds and low cost and engage Arbitrum’s active DeFi ecosystem.
While weighing on choosing Arbitrum One as the first Layer 2 chain to integrate with Paxos, Walter Hessert, the company’s Head of Strategy, commented,
“We are excited to partner with Arbitrum to bring more real-world assets on-chain. Arbitrum is known for its speed, security and scalability, which is critical to driving long-term adoption of digital assets across industries. In the next three years, the adoption of stablecoins by both retail and institutional users will explode and Paxos will drive that paradigm shift.”
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